Interest Only Home Loan Interest Rates - IMB Bank

---

Interest Only Home Loan Interest Rates These interest rates apply to Owner Occupied & Investment home loans with Interest Only repayments.

Interest Only Owner Occupier Home Loan Rates ³ Effective 25 October 2017 Variable Home Loan Products

Fixed Rate Home Loan Products

Product Name

LVR Limits

Margin

Current Rate ¹

Comparison Rate ²

Minimum Loan Size

Standard Variable Budget Home Loan Essentials Home Loan

Less than or equal to 90% Less than or equal to 90% Less than or equal to 90%

N/A -1.22% -1.00%

5.49% 4.27% 4.49%

5.37% 4.18% 4.31%

$10,000 $75,000 $75,000

Fixed Term

LVR Limits

Margin

Current Rate ¹

Comparison Rate ²

Minimum Loan Size

1 year 2 year 3 year 4 year 5 year

Less than or equal to 90% Less than or equal to 90% Less than or equal to 90% Less than or equal to 90% Less than or equal to 90%

N/A

4.59% 4.15% 4.19% 4.69% 4.69%

4.31% 4.85% 4.80% 4.92% 4.91%

$10,000 $10,000 $10,000 $10,000 $10,000

Interest Only Investment Home Loan Rates ⁴ Effective 2 January 2018 Variable Home Loan Products

Fixed Rate Home Loan Products

Product Name

LVR Limits

Margin

Current Rate ¹

Comparison Rate ²

Minimum Loan Size

Standard Variable Essentials Home Loan

Less than or equal to 80% Less than or equal to 80%

N/A -1.17%

6.06% 4.89%

5.94% 4.77%

$10,000 $75,000

Fixed Term

LVR Limits

Margin

Current Rate ¹

Comparison Rate ²

Minimum Loan Size

1 year 3 year 5 year

Less than or equal to 80% Less than or equal to 80% Less than or equal to 80%

N/A

4.84% 4.75% 5.19%

5.50% 5.37% 5.45%

$10,000 $10,000 $10,000

Lending Criteria, terms and conditions, fees and charges apply to IMB home loans. Full terms and conditions are availabe upon request from any IMB branch or by calling 133 462, 8:00am Mon-Fri, or 9:00am to 4pm Saturday. 1. While making interest only repayments, your loan balance will not reduce. After the interest only period, your interest rate will convert to the applicable interest rate for principal and interest repayments. 2. The Comparison Rate is based on a loan amount of $150,000 secured loan for a term of 25 years for all home loans. WARNING - This comparison rate is true for only the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Interest on all loans is calculated on the daily rate, equivalent to the annual rate, divided by 365. The comparison rate calculation is based on an initial 5 year interest only term. For fixed rate products, the comparison rate is based on the fixed rate period being an equal term to the interest only repayment period. 3. Rates are available for New & Existing Business 4. New Investment loans only available to existing IMB members who have held a deposit or loan account for a minimum of 6 months.

IMB Ltd trading as IMB Bank ABN 92 087 651 974 AFSL/Australian Credit Licence 237 391